Bakersfield Off-Market Duplex
BUY
$345,000
Property Description
Sales Price: $345,000
Estimated Rehab: $20,000 for both units
After Repair Value (ARV): $425,000
Front unit can rent for $1,900-$2,200
Back unit currently rented for $850.00 till 02/2025
Front Unit Details:
Layout: 🛏️ 4 bedrooms, 🚿 2 bathrooms
1,720 total sqft
Floor Plan: 3 bedrooms on the bottom level, loft with bedroom and bathroom upstairs
Basement: Finished
HVAC & AC: Good condition
Roof: Replaced a couple of years ago
AC Replacement: 4 years ago
Plumbing: Seller states it was updated (buyer to inspect and confirm)
Indoor Utility
Back Unit Details:
Type: 🏠 Studio with kitchen, living area, indoor laundry room, and bathroom
552 total sqft
Cooling: Evaporative wall cooler
Property Features and utilites:
Pool: 🏊 Fully operational, serviced regularly
Plenty parking in drive way with fence
Seperate meters for electric, shared for gas, public water and sewer
Delivery: Front unit delivered vacant, back unit must be assumed with tenant
Additional Information:
Investment Type: 💵 Cash or Hard Money/Private Money only
Buyer Responsibilities: Escrow and title fees
Lease Status: Back unit leased until 02/2025
Monthly rent 💵 $850
*Rent for back Unit is current Market Rents
🏠 Sales Comparables for Duplex
906 Wilson Ave, Bakersfield, CA 93308
Sold Price: 💲400,000
Sold on: 11/08/23
Property Details:
Total Sqft: 5bd 3ba
First Unit: 1,380 sqft, 3 bed 2 bath
Back Unit: 2 bed 1 bath, 2,291 sqft
349 W China Grade Loop, Bakersfield, CA 93308
Sold Price: 💲375,000
Sold on: 12/22/23
Property Details:
Total Sqft: 4 bed 2 bath
Each Unit: 2 bed 1 bath
Bedrooms
4
Levels
2
Bathrooms
3
Year Built
Sqft
2272
Location
Bakersfield, Ca 93308